Common use of Annuity Date Clause in Contracts

Annuity Date. The date on which Annuity Payments begin. The Annuity Date is always the first day of a month. Annuity Payment One of a series of payments made under an Annuity Payment Option. Annuity Payments are based on the lifetime or life expectancy of the Annuitant unless an Annuity Income option which pays only for a Period Certain is elected.

Appears in 6 contracts

Samples: Separate Account Va Cc, Separate Account Va Cc, Separate Account Va Cc

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.